Exsorbet Industries subsidiary awarded $5.5 million contract from Bethlehem Steel Corporation.JACKSON, Miss.--(BUSINESS WIRE)--Nov. 5, 1996--Exsorbet Industries, Inc. (Nasdaq Small Cap: EXSO) announced today that 7-7, Inc. of Wooster, Ohio has been awarded a $5.5 million demolition and remediation contract from Bethlehem Steel The Bethlehem Steel Corporation (1857–2003), based in Bethlehem, Pennsylvania, once was the second largest steel producer in the United States (after Pittsburgh, Pennsylvania-based US Steel). Corporation. The project entails removal and decontamination decontamination /de·con·tam·i·na·tion/ (de?kon-tam-i-na´shun) the freeing of a person or object of some contaminating substance, e.g., war gas, radioactive material, etc. de·con·tam·i·na·tion n. of hazardous materials and demolition of the coke oven operations located at Bethlehem Steel's Sparrows Point Sparrows Point is an unincorporated area in Baltimore County, Maryland. It was named for Thomas Sparrow, landowner, and is adjacent to Dundalk, Maryland. It is the site of a very large industrial complex, now in decline, known in the past for steelmaking and shipbuilding. , Md. Division. Work began on the project on Nov. 4, 1996, and is scheduled to continue over 24 months. 7-7, Inc. has completed similar remediation projects for Bethlehem at their Lacawanna, N.Y. ($500,000), Bethlehem, Pa. ($1.3 million) and Sparrows Point, Md. ($22 million) locations. 7-7, Inc. was selected from a competitive bidder's list of 23 contractors due to its unique ability to recycle coal chemical waste materials into refineable products through its Liquefication Process. This alleviates the responsibility of disposing of the material as hazardous waste Hazardous waste Any solid, liquid, or gaseous waste materials that, if improperly managed or disposed of, may pose substantial hazards to human health and the environment. Every industrial country in the world has had problems with managing hazardous wastes. . 7-7, Inc. recently opened its first permanent coal chemical recycle facility at Reilly Industries in Cleveland, Ohio. 7-7, Inc.'s recycling Liquefication Process accepts coal chemical waste materials (such as Bethlehem's) and processes them into coal tar coal tar, product of the destructive distillation of bituminous coal. Coal tar can be distilled into many fractions to yield a number of useful organic products, including benzene, toluene, xylene, naphthalene, anthracene, and phenanthrene. feedstocks which are then sold to the tar refining industry. The facility can process up to 300 tons per day, and can accept deliveries by truck or rail. 7-7, Inc. has a long-term relationship with Bethlehem Steel and currently has ongoing daily maintenance contracts for both the Sparrows Point, Md. and Steelton, Pa. plants. Dr. Ed Schrader Dr. Ed Schrader is President of Brenau University. He is the university's ninth president and has directed the Gainesville, GA school since January 2005. Brenau has experienced unprecedented growth in enrollment and academic quality under Dr. , Exsorbet's president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , remarked, "We are extremely excited about our Liquefication Process. We believe this process will change the way heavy industry disposes of coal, chemical and petroleum wastes, many of which are now land banned in the United States. We believe this Liquefication Process had cost advantages over traditional waste disposal methods such as landfills or incinerators. Moreover, it relieves the waste generator, remediation firm, and end user of the continuing liability associated with hazardous waste materials. We believe the industry will follow Bethlehem's decision to utilize this new and proven technology, and therefore gives Exsorbet a competitive advantage." Exsorbet Industries, Inc. is a diversified environmental product and service company specializing in state of the art technical solutions for problems in site remediation, dewatering Dewatering (dē′wöd·ər·iŋ) is the removal of water from solid material or soil by wet classification, centrifugation, filtration, or similar solid-liquid separation processes. and pond solidification, coal and petroleum tar liquefication and recycling, hazardous waste cleanup materials and service, bioremediation bi·o·re·me·di·a·tion n. The use of biological agents, such as bacteria or plants, to remove or neutralize contaminants, as in polluted soil or water. , environmental engineering and project management, and twenty-four hour emergency response service. Subsidiaries of Exsorbet Industries, Inc. include Cierra, Inc., Consolidated Environmental Services, Inc., Eco-Systems, Inc. Exsorbet Technical/SpilTech Services, Inc., K.R. Industrial Service of Alabama, Inc., LARCO Environmental Services, Inc., and 7-7, Inc. with 22 offices located in the following cities: Dallas, Bridge City, Euless, and Houston, Texas; Fort Smith and Little Rock, Ark.; Tulsa, Okla.; Kansas City, Mo.; Jackson, Miss.; Mobile (2), Birmingham, Decatur, and Double Springs, Ala.; Baton Rouge and Sulphur (Lake Charles), La.; Knoxville, Tenn.; Wooster, Cleveland, and East Liverpool, Ohio East Liverpool is a city in Columbiana County, Ohio, United States. The population was 13,089 at the 2000 census. It is located along the Ohio River and borders the states of Pennsylvania and West Virginia. ; Harrisburg and Steelton, Pa. Exsorbet and its subsidiaries currently employ about 500 professionals and staff. CONTACT: Exsorbet Industries, Inc. Dr. Ed Schrader, 601/936-6633 or Charles E. Chunn, Jr., 501/452-1987 or Ed Penick, Jr., 501/664-7745 |
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